Investment Fund NAV Rises to HUF 12.513 tln in Nov
Net asset value (NAV) of Hungarian investment funds rose HUF 535 billion to HUF 12.513 trillion in November, lifted by price changes and net subscription, monthly data released by the National Bank of Hungary (MNB) on Thursday show, state news wire MTI reports.
Price changes added HUF 317 bln to NAV and net subscription came to HUF 254 bln.
Exchange rate changes subtracted HUF 36 bln.
Equities funds had the biggest NAV (HUF 3.598 tln), followed by real estate funds (HUF 3.055 tln), fixed income funds (HUF 2.441 tln), and mixed funds (HUF 2.073 tln) at the end of the month.
There were 857 investment funds under the oversight of MNB in November.
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